A short update to give you one more messy news about Olympus. The day after Woodford abandoned the plan to be re-instaed as CEO he sued Olympus. “I will most definitely be suing Olympus,” Woodford said Friday at a press conference at the Foreign Correspondent’s Club in Tokyo. And the “The Kyodo News Agency had heard that the panel would advise the company suing over 10 existing and former executives for a total equivalent to $1.2 billion for hiding losses for 13 years” (Electronista).

What else can I say? It’s a mess and it’s pity that there is no way to solve the problem in a fast way.

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Here is the definition of the word “rumor” according to Merriam Webster dictionary:

Pronunciation: \ˈrü-mər\
Function: noun
Etymology: Middle English rumour, from Anglo-French, from Latin rumor clamor, gossip; akin to Old English rēon to lament, Sanskrit rauti he roars

Date: 14th century
1: talk or opinion widely disseminated with no discernible source
2: a statement or report current without known authority for its truth
3 archaic : talk or report of a notable person or event

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